Manicure And Pedicure Salon

[SunbeltAsiaAdvisor]

This Manicure and Pedicure Salon was established in a central area of Bangkok a few months ago. The owner has consequently discovered that she doesn't have the necessary time to devote to the business, and will therefore consider a sale. End of year financial results are difficult to predict at this early stage, but the shop is already making a profit, and full records will be available for interested parties to examine. A total of 1,041,500 baht was spent on leasehold improvements and assets, and everything within the salon is still as new. The new owner will also acquire an inventory of stock valued at approximately 400,000 baht. A realistic asking price has been placed on the business, approximately equating to asset value and inventory value combined. The area is always busy, as the building sits adjacent to a major well renowned shopping centre, and very close to a Skytrain station. The seller feels that a new owner with more time to devote to the enterprise would be well placed to reap the dividends. With two employees in place, earning a combined monthly salary of 22,500 baht, the salon is turnkey and ready to continue trade. Monthly rent is set at 24,000 baht on a two year renewable lease contract, and a website has already been developed and placed online.

Asking price: 1,350,000 baht.

Property ID: BKK13539

[sunbelt][/sunbelt]

Edited July 14, 2011 by SunbeltAsiaAdvisor